Enough OR Not Enough?


What’s Your Financial Shield?

If you are going to live the life you desire, on your own terms, without conforming to societal norms and expectations, ‘Financial Freedom’, is the main key. Now when I speak about financial freedom, its’ not all about having excess money, you’re not sure how to spend it all.

No, this is not the picture I want you to have in mind. Financial freedom will save you from making terrible, hurtful decisions. It will save you from terrible bosses, toxic workplace culture, abusive relationships where its’ mandatory to lose your individuality, so a little of your true self can survive. And in situations where you end up making terrible decisions, financial freedom will step in, to aid you in redeeming the situation. Irrespective of wherever you reside globally, this principle is a universal one.

Seeking Life Adventures

How do you determine when it is enough and you can bow out of the corporate or whichever race you are on? It is relative to each individual. Assuming you want your kids to pursue higher education in a foreign land, you want to explore the world while retired or simply want to live out your days in relative splendor. If your current monthly expense range within N50,000 – N100,000 monthly, and passive income you are currently earning is within this range, will you consider this enough?

Some might while others’ won’t. My personal yardstick is once 20-30% of annual passive income earned, can take care of your daily needs, then you have passed the yardstick. Please pat yourself on the back and take out time to evaluate goals you have set for yourself this year. Financial freedom is around the corner.

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